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The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history.
In the United States, antitrust law is a collection of mostly federal laws that regulate the conduct and organization of businesses in order to promote competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914.
In 1914, Congress passed two additional antitrust laws: the Federal Trade Commission Act, which created the FTC, and the Clayton Act. With some revisions, these are the three core federal antitrust laws still in effect today.
Dec 15, 2017 · Antitrust in the U.S. is now undergoing disruption. We may be witnessing the rise of the fifth cycle — namely a progressive, anti-monopoly, New Brandeis School.
In 1889, the new president, Republican Benjamin Harrison, condemned monopolies as “dangerous conspiracies” and called for legislation to remedy the tendency of monopolies that would “crush out” competition. The result was the Sherman Antitrust Act of 1890, sponsored by Senator John Sherman of Ohio.
The key pieces of antitrust legislation in the United States—the Sherman Antitrust Act of 1890 and the Clayton Act of 1914—contain broad language that has afforded the courts wide latitude in interpreting and enforcing the law.
One of the developments affecting antitrust in recent years has been the increased role of the states.11 As federal antitrust efforts declined in the 1980’s, many states expanded their antitrust role, particularly with regard to mergers and distributional restraints that were being ignored by the Reagan Administration. A recent manifestation
